Download Unicorn Signals App

Powered By EquityPandit
BUSINESS

Baleno Crosses 1 Mn Unit Cumulative Sale: Maruti Suzuki

Maruti Suzuki Ltd (India) said that its premium hatchback Baleno had crossed the cumulative sales milestone of 1 million units, which was launched in October 2015 and sold through the company’s premium retail chain NEXA; the model had crossed the 500,000 units cumulative sales in November 2018 and touched the 1 million units milestone in November 2021, Maruti Suzuki India Ltd (MSIL) said in a statement.

MSIL Senior Executive Director (Marketing and Sales) Shashank Srivastava said since its launch, Baleno has enjoyed leadership in the premium hatchback segment and commands a market share of over 25 per cent.

“Today’s evolved urban Indian customer is self-motivated, tech-savvy, and bold in their life, and the Baleno is just the right companion for these discerning minds,” he said, adding the model will go on to reach even greater heights in the future as well.

Get Daily Prediction & Stocks Tips On Your Mobile